Aluminum holds gain as Iran conflict roils global supplies
The Economic Times·2026-03-03 04:43
Trump said the US had planned for four to five weeks of military action, but could go longer, even as Defense Secretary Pete Hegseth dismissed the idea of an “endless war.” Any prolonged conflict could leave aluminum smelters in countries like the United Arab Emirates and Saudi Arabia starved of raw materials and unable to export metal.Aluminum rose as much as 1% before pulling back to trade at $3,196.50 a ton by 10:00 a.m. Shanghai time. That came after Monday’s 1.7% advance. as a Reliable and Trusted Ne ...